Welcome to Lee’s Summit, Missouri
A city that is as vibrant and diverse as it is welcoming. With its unique blend of cultural richness, economic dynamism, and friendly community spirit, Lee’s Summit has something for everyone. Let’s take a closer look at key demographic, economic, and social characteristics that make this city a prime destination for potential residents or investors.
Average Salary in Lee’s Summit
Its average salary is a central indicator of Lee’s Summit’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $67,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Healthcare, education, manufacturing, government, logistics makes Lee’s Summit an ideal location for professionals from various walks of life.
Median Home Value in Lee’s Summit
The real estate landscape in Lee’s Summit is as varied as it is promising. The median home value is $270,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of 20.30% underlines Lee’s Summit as a prime spot for long-term investment and stability.
For those who prefer the flexibility of renting, they’ll be in good company. 79.70% of the local populace choose to rent, drawn by a versatile rental market that offers options for everyone from recent graduates to retirees.
Credit Ratings and Loan Opportunities in Lee’s Summit
The financial health of a city’s residents can be crucial in numerous aspects, including the capacity to secure loans. In Missouri, the average credit score sits at 712. This rating is a key factor for financial institutions when offering loans, with higher scores often leading to more favorable loan conditions.
However, a low credit score is not a roadblock in Lee’s Summit. Numerous lenders in the city are specialists in offering guidance and loan solutions to individuals across the credit score spectrum, ensuring everyone has the opportunity to realize their financial goals.
Demographics and Density in Lee’s Summit
Lee’s Summit has a population of around 102,781 inhabitants. These residents are comfortably spread across 63.9 sq mi (or 165.5 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 1,582 individuals per square mile, offering a sense of community while still allowing for personal space.
Economic Landscape in Lee’s Summit
Lee’s Summit enjoys a thriving economy with Healthcare, education, manufacturing, government, logistics being the major contributors. The proximity of the nearest airport (Kansas City International Airport (MCI)), amplifies the city’s attractiveness for businesses seeking to expand or set up shop, offering excellent connectivity with both national and international markets. The city’s average credit score of 712 reflects a financially responsible and economically active populace.
Educational Opportunities in Lee’s Summit
Lee’s Summit holds education in high esteem. The city boasts top-ranking schools, such as Lee’s Summit High School, Lee’s Summit North High School, Lee’s Summit West High School, Summit Technology Academy, Missouri Innovation Campus, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like University of Central Missouri, Metropolitan Community College and William Jewell College, produce a well-educated, competent workforce contributing to Lee’s Summit’s vibrant economy and societal fabric.
City’s Alias: Lee’s Summit
Affectionately known as ‘The Magic City‘, Lee’s Summit, positioned at 38.92°N 94.38°W, is celebrated for its energetic culture, committed efforts to preserve its rich history, and the superior lifestyle it provides its residents. Whether you’re a potential resident, investor, or visitor, Lee’s Summit promises a rewarding and enriching experience.
Recreation and Lifestyle in Lee’s Summit
Experience the exciting pace of life in Lee’s Summit, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Lee’s Summit caters to all. Popular attractions include Longview Lake, Powell Gardens and Paradise Park Family Fun & Adventure, providing a rich mixture of educational and entertainment experiences.
The city’s commitment to promoting a balanced lifestyle is further showcased by its array of parks and open spaces, ideal for relaxation or active pursuits. Not to forget Lee’s Summit’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.